IEnovaCompany Review & Valuation
About Infraestructura Energética Nova, S.A.B. de C.V.
Infraestructura Energética Nova, S.A.B. de C.V. develops, builds, and operates energy infrastructure projects in Mexico. The company operates through two segments, Gas and Power. It develops and operates various systems for receiving, transporting, compressing, storing, and delivering natural gas, … Show moreethane, and liquefied petroleum gas (LPG) in the states of Baja California, Chiapas, Chihuahua, Jalisco, Nuevo León, Sinaloa, Sonora, San Luis Potosí, Tabasco, Tamaulipas, and Veracruz. The company owns and operates approximately 2,900 kilometers (km) of natural gas pipelines with an aggregate design capacity of approximately 16,501 million cubic feet per day (MMcfd); 11 compression stations with an aggregate of approximately 588,810 horsepower; 190 km of pipelines with a design capacity of approximately 34,000 barrels per day for the transportation of LPG; 224 km of pipelines for transportation of ethane; and an LPG terminal in Guadalajara with a total storage capacity of 80,000 barrels. It also operates an LPG terminal with a storage capacity of 320,000 cubic meters in two tanks of 160,000-cubic meters each. In addition, the company owns and operates the ECOGAS natural gas distribution utility, which includes approximately 3,852 km of pipeline; and serves approximately 120,000 industrial, commercial, and residential customers. Further, it is involved in the construction of wind and solar power generation facilities; and refined products transportation and storage activities. The company was formerly known as Sempra México, S. de R.L. de C.V. and changed its name to Infraestructura Energética Nova, S.A.B. de C.V. in March 2013. The company was founded in 1996 and is headquartered in Mexico City, Mexico. Infraestructura Energética Nova, S.A.B. de C.V. is a subsidiary of Sempra Energy.Show less